Tag Archives: foreclosure
-
When you are in financial distress, staying on top of your mortgage can be difficult. Are you considering bankruptcy as an option? Before filing bankruptcy, you should take a moment to understand how it may affect your mortgage. We explain to our clients seeking bankruptcy that they have two options: Chapter 13 or Chapter 7…. Read More »
-
In an earlier blog, we noted that in February, 2012, an historic National Mortgage Settlement (NMS) was announced with five of the largest mortgage servicers: Bank of America JPMorgan Chase Wells Fargo Citimortgage Ally/Gmac (Ally) The settlement addressed charges that these five creditors had “robo-signed” foreclosure affidavits and “back-dated” foreclosure documents in order to speed up foreclosures… Read More »
-
A recent decision of the Georgia Court of Appeals issued July 12, 2012, provides additional protection to homeowners and others who own real property in Georgia who have a security deed and note with a lender. Foreclosure in Georgia normally is “non-judicial” and quickly concluded with little or no review by Georgia judges. On the other hand, some states… Read More »